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Pin to quick picksMaven I&g Vct5 Regulatory News (MIG5)

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Market Cap: £76.28m
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Statement re Share Premium Account Cancellation

4 Dec 2019 09:45

RNS Number : 6412V
Maven Income and Growth VCT 5 PLC
04 December 2019
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MAVEN INCOME AND GROWTH VCT 5 PLC

Confirmation of share premium account and capital redemption reserve cancellation

At a general meeting of Maven Income and Growth VCT 5 PLC (the "Company"), held on 2 November 2018, resolutions were passed to cancel the entire amount standing to the credit of the share premium account and capital redemption reserve of the Company (the "Cancellation"), subject to the confirmation of the High Court of Justice (the "Court").

The Directors are pleased to announce that the Court has now confirmed the Cancellation and the Court Order was registered by the Registrar of Companies on 3 December 2019, at which point the Cancellation became effective.

For further information, please contact:

Maven Capital Partners UK LLPCompany SecretaryTelephone: 0141 306 7400Β 

4 December 2019

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